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Capital Risks, a newly-formed transaction liability insurance managing general agency (MGA), has hired Alex Smith as underwriting director. 3 July 2017
Insurance
Insured cost of hailstorm Paul which hit Germany in June is estimated at around €400 million, according to actuarial consulting company Meyerthole Siems Kohlruss (MSK). 3 July 2017
News
Reinsurance broker and consultant JLT Re has hired David Edwards to expand its credit and political risk team. 3 July 2017
Insurance
Fitch Ratings has revised its outlook on Lloyd's of London's and Lloyd's Insurance Company (China) to negative from stable because of concerns over the deterioration in underwriting performance, coupled with increasing exposure to catastrophe risk in against the backdrop of a soft market. 29 June 2017
Insurance
French insurer AXA has announced that its Asia CEO Jean-Louis Laurent Josi has stepped down from his executive responsibilities and is leaving the company by year-end. 29 June 2017
Insurance
Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Germany's Allianz, is expanding its presence across Asia with a new branch office in South Korea to serve global corporate clients. 29 June 2017
Insurance
A new digital insurance company has emerged by the merger of Europe's first digital insurance broker Knip, and Netherlands-based software provider Komparu. 29 June 2017
Insurance
European run-off insurance company DARAG has appointed Stuart Davies, the former group CEO of Sompo Canopius, as chairman of the group. 29 June 2017
Insurance
In what appears to be a new strategic direction for the company, Brian Duperreault, American International Group's (AIG) new CEO, has said he wants to target acquisitions of companies and reduce the pace of share buybacks. 29 June 2017
Insurance
Argo Pro, a subsidiary of specialty re/insurer Argo Group, has appointed Mary Henderson as senior vice president, head of financial institutions, and Dan Gmelin as vice president, underwriting, architects and engineers (A&E). 29 June 2017
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